Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
PALLADIUM Sep 2019 (NYMEX:PA.U19)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PA.U19
The long term trend has been UP since Aug 29th, 2018 at 937.9
The intermediate term trend has been DOWN since May 7th, 2019 at 1324.5
The short term trend has been UP since May 24th, 2019 at 1329.4
Smart Scan Analysis for PA.U19
Based on a pre-defined weighted trend formula for chart analysis, PA.U19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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